Home prices
The median home in Parma costs $116,200. This is approximately $14,120 (13%) higher compared to its nearby areas.Compared to the United States as a whole it is roughly $101,300 (46%) lower, and compared to the city of Boise City is roughly $137,200 (54%) lower.
Rents
In Parma the median monthly rent is $590. Compared to nearby areas it is roughly $167 (22%) lower.It is roughly $472 (44%) lower compared to the rest of the nation, and it is roughly $367 (38%) lower in comparison to the city of Boise City.
Nearby places
Adrian
Adrian is about 6 miles southwest from Parma. The real estate prices there are significantly less expensive. Adrian's median home value is $69,500, which comes out to $46,700 (67%) lower than Parma. Rents there are somewhat less expensive. Adrian's median rent is $560 a month, which comes out to $30 (5%) lower than Parma.
Nyssa
Nyssa is roughly 6 miles north from Parma. The real estate prices there are somewhat less expensive. Nyssa's median home price is $102,600, which is $13,600 (13%) lower than Parma. Its rents are a little more expensive. Nyssa's median rent is $634 per month, which comes out to $44 (6%) higher than Parma.
Wilder
Wilder is about 7 miles south of Parma. The real estate prices there are substantially less expensive. Wilder's median home value is $84,300, which comes out to $31,900 (37%) lower than Parma. Its rents are a bit more expensive. The median rent in Wilder is $657 per month, which is $67 (10%) higher than Parma.
Notus
Notus is approximately 7 miles southeast from Parma. The real estate prices there are a little less expensive. The median home in Notus costs $103,400, which works out to $12,800 (12%) lower than Parma. Rent there is a lot more expensive. In Notus the median monthly rent is $1,053, which is $463 (43%) higher than Parma.
Greenleaf
Greenleaf is roughly 8 miles southeast of Parma. The real estate prices there are a bit more expensive. The value of the median home in Greenleaf is $150,600, which comes out to $34,400 (22%) higher than Parma. Its rents are significantly more expensive. The median rent in Greenleaf is $879 a month, which works out to $289 (32%) higher than Parma.